Overview
What is New Hope Academy?
New Hope Academy is a private, co-educational institution situated in Franklin, Tennessee. With a strong Christian emphasis, it caters to students from pre-kindergarten through sixth grade. The academy's mission is to foster lifelong learners, problem solvers, and individuals of deep faith, by nurturing their knowledge, wisdom, and spiritual growth. New Hope Academy is committed to educating children from diverse racial and socioeconomic backgrounds, instilling in them a biblical worldview, and preparing them for academic, emotional, social, and spiritual success. The academy employs 59 individuals, reflecting its dedication to providing quality education to its students.
Official website here: www.nhafranklin.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
New Hope Academy has received a Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 92%, the organization demonstrates effective governance, having 100% independent board members and a well-structured financial oversight system. The organization excels in transparency, with all required policies in place and a solid audit process.
Financially, New Hope Academy shows impressive metrics, including a program expense ratio of 75.89%, which signifies that a significant portion of its budget is directed towards its programs rather than administrative costs. The liabilities to assets ratio stands at a healthy 5.39%, suggesting that the organization is managing its financial obligations effectively.
While the rating reflects a solid operational framework, continuous monitoring of financial practices and program effectiveness will be crucial for maintaining this positive trajectory. Overall, New Hope Academy exemplifies a responsible nonprofit that prioritizes its mission and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Hope Academy?
96% of 48 reviewers on Facebook recommend New Hope Academy. Here is a summary of their reviews:
The overwhelming sentiment among users is positivity toward New Hope Academy. Many find it to be a fantastic place with a supportive environment. The comments reflect appreciation for the services offered and suggest that the nonprofit is effectively meeting the needs of its community.
Overall, the high recommendation rate indicates that constituents are satisfied with their experiences and feel confident about the impact New Hope Academy has in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is New Hope Academy legitimate?
New Hope Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $138,097
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,743,211
For more financial information, click here
Official website here: www.nhafranklin.org
What is the mission statement of New Hope Academy?
New Hope Academy is a Christ-centered school that strives to educate children from diverse racial and socioeconomic backgrounds. Its mission is to establish a biblical worldview within each student and prepare them to thrive academically, emotionally, socially, and spiritually. By fostering an environment that encourages educational excellence, the school aims to transform children into lifelong learners, problem solvers, devoted worshippers, and agents of change. The curriculum is designed to instill knowledge, wisdom, and understanding in the students, preparing them for a successful future.
Official website here: www.nhafranklin.org
What is the revenue of New Hope Academy?
New Hope Academy's revenue in 2023 was $5,200,314.
Official website here: www.nhafranklin.org
Who are the executives of New Hope Academy and what are their salaries?
The average compensation at New Hope Academy during 2023 was $30,841. There are 61 employees and 100 volunteers at New Hope Academy.
Here are 13 key members and their salaries:
- Compensation: $65,000
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- Other: $3,974
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Official website here: www.nhafranklin.org
Where can I find the form 990 for New Hope Academy?
New Hope Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nhafranklin.org
Learn more at the official website: www.nhafranklin.org
Mission Statement of New Hope Academy
New Hope Academy, a Christ-centered educational institution, is dedicated to educating children from diverse racial and socioeconomic backgrounds. Its mission is to establish a biblical worldview within these students and prepare them to flourish academically, emotionally, socially, and spiritually. By doing so, the academy aims to transform its pupils into lifelong learners, problem solvers, worshippers, and world-changers. The children at New Hope Academy are nurtured to develop a deep understanding and knowledge, fostering their wisdom and holistic development.
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Impact
July, 2024
New Hope Academy impacts the community by providing a Christ-centered education to children from various racial and socioeconomic backgrounds. By instilling a biblical worldview and nurturing academic, emotional, social, and spiritual growth in its students, New Hope Academy plays a crucial role in shaping well-rounded individuals who are equipped to excel in all aspects of their lives. Through their commitment to educational excellence, the academy transforms children into lifelong learners, problem solvers, worshipers, and world-changers. Located in Franklin, TN, New Hope Academy's mission is to prepare each child to flourish academically, emotionally, socially, and spiritually, ultimately creating a positive impact on both the students and the broader community.
This information is meant to be a general summary of New Hope Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $40,584
- Program Service Revenue: $3,177,350
- Gross Receipts: $5,666,147
Assets and Liabilities:
- Total Assets: $4,387,183
- Total Liabilities: $105,419
- Net Assets: $4,281,764
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$3,114,810
LUNCH PROGRAM
Revenue
$41,307
SCHOOL TRIPS
Revenue
$16,900
OTHER ACADEMIC REVENUE
Revenue
$4,333
Organization Details
Founding Year
1996
Principal Officer
Dr Tonja Williams
Website
www.nhafranklin.orgNTEE Category
Code: B20Z - Education
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